SIDBI Grade B Selection Process 2024, Step-By-Step Guide

The SIDBI Grade B Selection Process 2024 is a well-structured procedure that aims to select candidates for the role of Officers in Grade B. It includes multiple phases, each designed to assess the knowledge, skills, and suitability of candidates for the job. In this blog we have provided in-depth details about the selection process, explaining each phase in detail to help candidates prepare effectively.

SIDBI Grade B Selection Process

The SIDBI Grade B Notification for this year has been released for a total of 22 vacancies for the Manager post. SIDBI will conduct the recruitment process through a Computer-Based Test. The SIDBI Grade B Officer Recruitment will be carried out in three phases:

1. Phase I: Online screening examination with one paper.
2. Phase II: Online examination consisting of two papers.
3. Phase III: Interview worth 100 marks.

SIDBI Grade B Selection Process – Important Dates

The SIDBI Grade B Selection Process 2024 includes several key stages, and it is essential for candidates to be aware of the important dates related to the recruitment process.

Event	Date
Phase I Online Exam Date	22nd December 2024
Phase II Online Exam Date	19th January 2025
Interview Date	February 2025

SIDBI Grade B Selection Process

The SIDBI Grade B Recruitment 2024 Selection Process involves several stages to assess candidates’ skills, knowledge, and overall suitability for the role of Assistant Manager in Grade B. This process ensures that the most qualified candidates are chosen for the position.

Selection Phase	Details
Phase I – Online Screening Examination	– Online test with one paper divided into 7 sections, totaling 200 marks. – Candidates must secure the minimum cut-off marks set by SIDBI to qualify for Phase II.
Phase II – Online Examination	– Online test with two papers, totaling 200 marks. – Candidates who meet the cut-off marks will be shortlisted for the interview round.
Phase III – Interview	– Carries 100 marks, with 25% weightage given to achievements in extracurricular activities (District/State/National level), awards, and recognition, based on submitted documents.
Psychometric Test	– Conducted by a third-party agency after Phase II. – Assesses personality, communication skills, problem-solving ability, and willingness to work in different locations. – Results are shared with the interview panel for comprehensive evaluation.
Personal Interview	– Candidates who pass the Psychometric Test are invited for a Personal Interview at SIDBI offices.
Final Selection	– Based on performance in the Phase II Examination and the Interview.

SIDBI Grade B Exam Pattern

Candidates should note that SIDBI has changed the selection process for 2024. The detailed exam pattern is as follows:

Phase I Online Objective Examination

The first phase of the SIDBI Grade B selection process is an Online Objective Examination. This exam is designed to test the basic skills of candidates in various subjects. The exam is divided into multiple sections, each covering different areas of knowledge.

Structure of Phase I Exam

• Total Questions: 200
• Total Marks: 200
• Duration: 2 hours (120 minutes)

Name of the Test	No. of Questions	Maximum Marks
English Language	30	30
Reasoning Aptitude	25	25
Quantitative Aptitude	25	25
Computer Knowledge	20	20
General Awareness (with special reference to Banking, Financial Sector, and Economic & Social Issues)	20	20
MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME)	30	30
Stream Specific Test **	50	50
Total	200	200

**Stream Specific Test

• Topics include:

General (Grade ‘B’):

• Topics include MSME Financing (Due Diligence, KYC, Financial Ratios, Assessment of Term Loan/Working Capital).
• Covers NPA and Recovery (including IRAC norms), NBFC Financing, and Credit Risk Assessment.
• Note: The syllabus is only indicative and not exhaustive; additional topics may be included.

Legal (Grade ‘B’):

• Focus on General Knowledge of Law, including key acts like Constitutional Law, Administrative Law, and Contract Act, 1872.
• Includes laws such as the Transfer of Property Act, 1882, Negotiable Instruments Act, 1881, and Registration Act, 1908.
• Additional topics include Bharatiya Nyaya Sanhita, RTI Act, 2005, SARFAESI Act, 2002, RDB Act, 1993, and IBC, 2013.
• Also covers Legal Drafting and other relevant legal frameworks.

IT (Grade ‘B’):

• Emphasis on Domain-Specific Knowledge related to recent developments in the IT field and industry trends.
• Covers Technical Skills Assessment, including programming and coding, Database Management, Networking and Security, AI/ML, and System Design and Architecture.

This structured overview helps candidates focus on key areas for preparation based on their specific streams.

Remarks:

• The syllabus provided is only indicative and not exhaustive.

Candidates must clear the cut-off marks set by SIDBI in this phase to qualify for Phase II. It is important to note that there is negative marking in this exam, with 1/4th of the marks deducted for each incorrect answer.

SIDBI Grade B Exam Structure – Qualifying and Merit Sections

The Phase-I exam for SIDBI Grade B recruitment is divided into two sections: the Qualifying Section and the Merit Section. The selection process focuses on evaluating candidates’ knowledge and skills in specific areas relevant to banking and finance.

Section	Details
Qualifying Section	– Tests include: 1. English Language 2. Reasoning Aptitude 3. Quantitative Aptitude 4. Computer Knowledge – These tests assess basic aptitude and language skills.
Merit Section	– Subjects include: 1. General Awareness (focus on Banking, Financial Sector, Economic & Social Issues) 2. MSMEs (Policy, Regulatory, Legal Framework, Finance, and Management) 3. Stream Specific Test (as per candidate’s stream) – Scores in this section determine merit and eligibility for the next phase.
Shortlisting for Phase II	– Candidates are shortlisted based on marks in the Merit Section only. – Scores from the Qualifying Section are not considered for shortlisting.

Phase II: Online Descriptive Examination

Candidates who clear Phase I are eligible to appear for Phase II, which is an Online Descriptive Examination. This phase assesses the candidate’s writing skills, knowledge of the sector, and analytical thinking.

• Time for each paper is 75 minutes for descriptive and 60 minutes for objective papers.
• Descriptive answers must be typed using a keyboard, either in English or Hindi (Remington or Inscript).
• Marks per question: Some questions are worth 1-2 marks depending on the type and difficulty level.

Phase-II Exam Details for Manager Grade ‘B’

Paper	Name of the Test	No. of Questions/Maximum Marks	Time
Paper I Online Descriptive	English Language (Essay, Précis Writing, Comprehension, Business/Office Correspondence)	3/75	75 minutes
Paper II Online Objective	General Knowledge of Law (Legal Stream)	50/75	60 minutes
Online Descriptive	Legal Knowledge (Legal Stream)	4 out of 6 (attempted)/50	75 minutes

Important Notes for Legal Stream

• Paper I: Assess writing skills and comprehension abilities.
• Paper II: Focus on Legal topics such as Constitutional Law, Statutory Interpretation, Contract Act, etc.
• Online Descriptive: 4 out of 6 questions to be attempted, with 15-mark and 10-mark questions.

For Manager Grade ‘B’ General Stream

Paper	Name of the Test	No. of Questions/Maximum Marks	Time
Paper I Online Descriptive	English Language (Essay, Précis Writing, Comprehension, Business/Office Correspondence)	3/75	75 minutes
Paper II Online Objective	MSMEs: Policy, Regulatory, and Legal Framework; Finance and Management	50/75	60 minutes
Online Descriptive	MSME and Financial Knowledge	4 out of 10 (attempted)/50	75 minutes

Important Notes for General Stream

• Paper I: Focuses on writing skills, including expressing and understanding topics.
• Paper II: Covers MSME topics including finance, risk assessment, NPA, and investment banking.
• Online Descriptive: Attempt 4 questions out of 10, with 15-mark and 10-mark questions.

For Manager Grade ‘B’ IT Stream

Paper	Name of the Test	No. of Questions/Maximum Marks	Time
Paper I Online Descriptive	English Language (Essay, Précis Writing, Comprehension, Business/Office Correspondence)	3/75	75 minutes
Paper II Online Objective	IT Knowledge and Technical Skills (Programming, Networking, AI, Data Management)	50/75	60 minutes
Online Descriptive	IT Knowledge (Algorithm, Big Data, Cybersecurity, IoT)	4 out of 10 (attempted)/50	75 minutes

Important Notes for IT Stream

• Paper I: Tests writing skills and comprehension.
• Paper II: Covers IT concepts such as software, programming languages, data management, AI, and cybersecurity.
• Online Descriptive: Attempt 4 out of 10 questions, including 15-mark and 10-mark questions.

Psychometric Test (After Phase II)

After the Phase II Exam, a Psychometric Test might be conducted. This test helps evaluate a candidate’s personality, communication skills, problem-solving abilities, and adaptability to different work environments. Usually, a third-party agency conducts this test, and the results are shared with the interview panel for further assessment.

SIDBI Grade B Phase III Interview Details

Aspect	Details
Eligibility	Candidates who pass Phase I and Phase II (including the Psychometric Test) are invited for the interview.
Location	The interview is conducted at the SIDBI office.
Focus	Evaluation of overall personality, communication skills, banking and financial knowledge, and suitability for the Officer Grade B role.
Topics Covered	– Current economic and financial issues. – Motivation and career goals. – General awareness and professional suitability.
Marks	100 marks.
Weightage	25% weightage given to achievements in extracurricular activities (sports, cultural events, leadership roles).
Evaluation Criteria	– Responses during the interview. – Confidence and clarity of thought. – Communication skills.

SIDBI Grade B Manager Post Final Selection

The final selection for the SIDBI Grade B Officer position is based on a candidate’s performance in Phase II (Examination) and Phase III (Interview). The combined scores from these stages are used to create the final merit list. Here’s a breakdown of how the selection works:

• Phase II (Examination): Candidates must do well in both objective and descriptive papers; scores have a high weight in the final selection.
• Phase III (Interview): Assesses personality, communication skills, and banking knowledge; marks are crucial for final selection.
• Merit List Creation: The final merit list is based on combined scores of Phase II and Phase III; top scorers are selected.
• Interview Evaluation: Focuses on confidence, clear thinking, and economic awareness; extracurriculars can influence up to 25% of the score.

Key Points to Remember For SIDBI Grade B Selection Process 2024

The SIDBI Grade B Selection Process involves meeting eligibility criteria, dealing with the negative marking in Phase I, and excelling in merit-based shortlisting. Specialized knowledge will be tested through stream-specific papers. Focus on English, banking awareness, and psychometric tests to succeed in securing the Grade B Officer role.

Topic	Details
Eligibility	Meet the criteria specified in the official SIDBI Grade B Notification.
Negative Marking	1/4th mark is deducted for each incorrect answer in the Phase I exam.
Merit-Based Shortlisting	Shortlisting for the next phase is based on marks in the Merit Section of the Phase I exam.
Stream-Specific Paper	Requires specialized knowledge in finance, marketing, or other relevant fields as part of the Phase I exam.
Preparation	Improve English language skills, banking and finance awareness, and subject-specific knowledge for the interview.
Psychometric Test	Assesses personality traits and suitability for the role, but does not heavily impact final selection.

SIDBI Grade B Selection Process – Conclusion

The SIDBI Grade B Selection Process 2024 is a thorough and multi-phase recruitment procedure that evaluates candidates on a variety of skills and attributes. It requires focused preparation, especially for the online objective and descriptive exams, followed by the interview. Understanding the exam pattern, marking scheme, and overall process is essential for candidates aiming to secure a position as an Officer in Grade B at SIDBI.

SIDBI Grade B Selection Process 2024 – FAQs

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